DESNZ has published the Allocation Framework for the upcoming AR7 auction which is due to open in August. Our latest blog post shows how this will commercially affect developers, managers and owners.
The UK government announced a raft of updates to the Contracts for Difference (CfD) scheme last week. The Department for Energy Security and Net Zero (DESNZ) published a list of amendments that will come into effect for the upcoming Allocation Round 7 (AR7), which is expected to open in August. The key updates are listed below.
Last month, we saw a flurry of activity as our generators made the most of the higher power prices. In June, as power - and as a result hashtag#PPA prices - spiked, 108 PPAs were signed via our platform. Our clients acted fast to lock in at prices that haven’t been seen since February.
After reaching highs of over £20/MWh towards the end of 2023, the certificate market has gradually lost value, currently reaching lows not observed since 2021.
On Tuesday 6th May the Department for Energy Security and Net Zero...
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